N R Narayana Murthy by Sid Shankar

Transcripts - N R Narayana Murthy by Sid Shankar

1.
N R NARAYANA MURTHY
A Leadership Bio by Siddharth Shankar

2.
BIOGRAPHY

3.
“Dad advised me to inculcate habits that
don’t require money - listen to music, read
books and have enjoyable conversations
with interesting people. I have never been
bored.”
“I was admitted to IIT but my family couldn’t
afford the first year of tuition before my
scholarship kicked in. Dad said, „if you‟re
smart, you will succeed regardless of where
you study‟ and I agreed with him.”

4.
“I decided early on that I would never pay a
bribe. Being honest requires 5X the effort,
and you need to accept that there will be
delays, but in the end, you will emerge
victorious.”
“Once, a client accounting for 25% of our
revenue wanted to negotiate our prices
down. We realized we couldn’t maintain
service quality at the desired prices, so we
decided to walk out today rather than under-
deliver tomorrow.”

5.
“I went on an 11 month road-trip from Paris
to Bengaluru (not a typo!), and was
incarcerated in Soviet-controlled Bulgaria.
That experience changed me from a
socialist to a capitalist.”
“India needs to fight poverty. The only way
to do that is job creation and growth.
Entrepreneurs create jobs better than the
government can. So, the government’s
responsibility is to create an environment
where entrepreneurs can thrive.”

6.
“To maintain professional
objectivity, I felt that Sudha
and I should never work in the
same company.”
“I believe in compassionate
capitalism - care for
employees, pay taxes, add
value to society.”
“Revenue, profits
or market cap? I
focused on INFY
becoming the
best reputed
tech firm; other
indicators would
follow.”
“Sudha had to
make many
sacrifices to
raise our two
children well.”

7.
- N R Narayana Murthy
“The real power of money is the
power to give it away.”